UPDATED: Lilly Oral GLP-1RA with Chugai
Here is a brief preview of this blast: UPDATED: FENIX has included abstract text and the associated poster (download PDF here) that was presented at ADA 2018 Lilly announced it has in-licensed the global development and commercialization rights to Chugai’s non-peptidic GLP-1RA, which is ready to enter Ph1. Below, FENIX provides more details and insight on the deal, especially in the context of Novo’s oral semaglutide. According to the press release, Chugai will receive $50M in an upfront payment and is eligible for undisclosed milestone payments as well as royalties if OWL833 is commercialized.